The stock market of China has been at the downturn in recent months, and so has the gold market. At the Laofengxiang Counter we find the price of pure gold has dropped from 275 yuan per gram to 258 yuan. Some Hong Kong brands of gold jewelries have adjusted their price accordingly. At the CICC counter of the Erbai Department Store, the display screen shows the prices of purchase and redemption have dropped to a great extent.